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experimental evidence strongly suggests that discrimination cannot be discounted. Psychological attributes or noncognitive skills …
Persistent link: https://www.econbiz.de/10011431261
evidence of a sizable effect of union affiliation on wages. Gelbach's (2016) decomposition procedure is next deployed to …
Persistent link: https://www.econbiz.de/10012892193
explanations for the height-wage premium. Another possible mechanism, employer discrimination, has found little support. In this … paper, we provide some evidence in favor of the discrimination hypothesis. Using a cross section of 13 countries, we show … interpret this result as evidence of employer discrimination in favor of taller workers. Our results are consistent with the …
Persistent link: https://www.econbiz.de/10010266035
Despite the increased attachment of women to the labour force in nearly all developed countries, a stubborn gender pay gap remains. This chapter provides a review of the economics literature on the gender wage gap, with an emphasis on developed countries. We begin with an overview of the trends...
Persistent link: https://www.econbiz.de/10011698696
This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall wage inequality. Using long-running administrative panel data with detailed occupation codes, we first document that in all occupations, entrants and leavers earn lower wages...
Persistent link: https://www.econbiz.de/10012861388
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10013217553
We show theoretically and empirically that executives are paid less for their own firm’s performance and more for their rivals’ performance if an industry’s firms are more commonly owned by the same set of investors. Higher common ownership also leads to higher unconditional total pay. We...
Persistent link: https://www.econbiz.de/10011584877
Transition patterns from school to work differ considerably across OECD countries. Some countries exhibit high youth unemployment rates, which can be considered an indicator of the difficulty facing young people trying to integrate into the labor market. At the same time, education is a...
Persistent link: https://www.econbiz.de/10010261362
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker's tenure relative to the tenure of her colleagues). We seek...
Persistent link: https://www.econbiz.de/10010276980
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...
Persistent link: https://www.econbiz.de/10010285538